Shares of The Sage Group plc (LON:SGE) have earned a consensus rating of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 792.90 ($10.95).

SGE has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 830 ($11.47) target price on shares of The Sage Group in a research report on Thursday, January 25th. Numis Securities boosted their target price on The Sage Group from GBX 813 ($11.23) to GBX 861 ($11.90) and gave the stock an “add” rating in a research report on Thursday, November 23rd. Deutsche Bank reaffirmed a “hold” rating and set a GBX 740 ($10.22) target price on shares of The Sage Group in a research report on Thursday, January 25th. Societe Generale boosted their target price on The Sage Group from GBX 565 ($7.81) to GBX 643 ($8.88) and gave the stock a “sell” rating in a research report on Thursday, November 23rd. Finally, Credit Suisse Group boosted their target price on The Sage Group from GBX 700 ($9.67) to GBX 790 ($10.91) and gave the stock a “neutral” rating in a research report on Thursday, November 23rd.

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In other news, insider Steve Hare sold 88,880 shares of The Sage Group stock in a transaction on Thursday, January 25th. The stock was sold at an average price of GBX 759 ($10.49), for a total transaction of £674,599.20 ($932,024.32).

Shares of The Sage Group (LON SGE) traded down GBX 3 ($0.04) during trading hours on Friday, hitting GBX 687 ($9.49). The stock had a trading volume of 4,182,105 shares, compared to its average volume of 3,690,000. The Sage Group has a 12 month low of GBX 613 ($8.47) and a 12 month high of GBX 825.20 ($11.40). The firm has a market capitalization of $7,430.00 and a P/E ratio of 2,862.50.

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The Sage Group Company Profile

The Sage Group plc is a United Kingdom-based company, which provides integrated accounting, payroll and payments solutions. The Company also provides the option of solutions hosted locally and accessed on-premise. The Company’s segments include Europe, which consists of France, the United Kingdom and the Ireland, Spain, Germany, Switzerland, Poland, Portugal and Sagepay; North America, which consists of the United States and Canada, and International, which consists of Brazil, Africa, Australia, the Middle East and Asia.

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